MindWalk Holdings (HYFT) Operating Expenses (2020 - 2026)
MindWalk Holdings' (HYFT) quarterly Operating Expenses came in at $5.0 million in Q2 2026, down 67.83% year-over-year from $15.5 million in Q2 2025, and up 12.56% quarter-over-quarter from $4.4 million in Q1 2026.
Analysis
MindWalk Holdings (HYFT) Operating Expenses (2020 - 2026) Analysis & Trends
MindWalk Holdings (HYFT) has reported Operating Expenses for 7 consecutive years, with $5.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 67.83% year-over-year to $5.0 million in Q2 2026; TTM through Apr 2026 was $17.5 million, a 99.6% decrease from a year earlier, with the FY2026 full-year figure at $17.5 million, down 42.98% from the prior year.
- Operating Expenses was $5.0 million for Q2 2026 at MindWalk Holdings, up from $4.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $5.1 billion in Q3 2023 and troughed at $3.9 million in Q4 2025.
- A 5-year average of $766.6 million and a median of $6.5 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 53251.54% in 2023 and slumped 99.91% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $8.0 million in 2022, then surged by 53251.54% to $4.3 billion in 2023, then tumbled by 99.91% to $4.0 million in 2024, then dropped by 1.3% to $3.9 million in 2025, then increased by 27.01% to $5.0 million in 2026.
- The last three Operating Expenses figures came in at $5.0 million (Q2 2026), $4.4 million (Q1 2026), and $3.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.09 Bn | 41.14 Bn | 1.44 Bn | 637.00 Mn |
| 2 | Medpace Holdings | 16.40 Bn | 15.90 Bn | 201.64 Mn | 560.51 Mn |
| 3 | Charles River Laboratories International | 13.28 Bn | 13.13 Bn | 452.07 Mn | 228.90 Mn |
| 4 | Icon | 12.96 Bn | 12.04 Bn | 479.29 Mn | 1.93 Bn |
| 5 | Fortrea Holdings | 1.64 Bn | 1.47 Bn | 139.20 Mn | 663.40 Mn |
| 6 | Evotec SE | 615.12 Mn | 189.24 Mn | - | - |
| 7 | Ginkgo Bioworks Holdings | 430.05 Mn | 345.51 Mn | 18.44 Mn | 78.70 Mn |
| 8 | Champions Oncology | 70.57 Mn | 66.73 Mn | 7.70 Mn | 15.64 Mn |
| 9 | MindWalk Holdings | 60.73 Mn | 52.45 Mn | 1.82 Mn | 4.98 Mn |
| 10 | VivoSim Labs | 1.47 Mn | 1.47 Mn | - | 2.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 4.98 Mn |
| Jan 31, 2026 | 4.42 Mn |
| Oct 31, 2025 | 3.92 Mn |
| Jul 31, 2025 | 4.14 Mn |
| Apr 30, 2025 | 15.47 Mn |
| Jan 31, 2025 | 18.75 Mn |
| Oct 31, 2024 | 3.97 Mn |
| Jul 31, 2024 | 4.30 Bn |
| Apr 30, 2024 | 12.89 Mn |
| Jan 31, 2024 | 4.84 Mn |
| Oct 31, 2023 | 4.26 Bn |
| Jul 31, 2023 | 5.13 Bn |
| Apr 30, 2023 | 6.96 Mn |
| Jan 31, 2023 | 5.59 Mn |
| Oct 31, 2022 | 7.98 Mn |
| Jul 31, 2022 | 9.76 Mn |
| Apr 30, 2022 | 6.00 Mn |
| Jan 31, 2022 | 5.45 Mn |
| Oct 31, 2021 | 5.78 Mn |
| Jul 31, 2021 | 4.86 Mn |